We look at the division of 12011867 by 176 
We want to figure out the number of times 12011867 can be divided by 176.

Advancing to step 1:
The number 176 fits into 1 0 times, leaving a remainder of 1.
Write down 0 as next digit of the result. 
Result so far: 0.0
The remainder is 1 after subtracting 0 from 1.
Append the next digit (2) from the dividend to 1 and continue with: 12 / 176

Moving on to step 2:
If we divide 12 by 176, we get 0 and a remainder of 12.
Write down 0 as next digit of the result. 
Result so far: 0.0
Deduct 0 from 12 and we're left with 12.
Append the next digit (0) from the dividend to 12 and continue with: 120 / 176

Let's proceed to step 3:
The number 176 fits into 120 0 times, leaving a remainder of 120.
The next digit of our result is 0. 
Result so far: 0.0
The remainder is 120 after subtracting 0 from 120.
Fetch the next digit (1) from the dividend, attach it to 120 and continue: 1201 / 176

Let's proceed to step 4:
176 goes into 1201 6 times with a remainder of 145.
The number 6 becomes the next digit in our result. 
Result so far: 6.0
Deduct 1056 from 1201 and we're left with 145.
Include the next digit (1) from the dividend after 145, then repeat: 1451 / 176

On to step 5:
1451 divided by 176 is 8 with a remainder of 43.
Record the quotient 8 as the next digit in the result. 
Result so far: 68.0
If we take 1408 away from 1451, we end up with 43.
Include the next digit (8) from the dividend after 43, then repeat: 438 / 176

Going ahead to step 6:
176 can be fit into 438 2 times, resulting in a remainder of 86.
Put 2 as the next digit of the answer. 
Result so far: 682.0
Deduct 352 from 438 and we're left with 86.
Grab the next digit (6) from the dividend, add it to 86, then carry on: 866 / 176

Step 7:
176 can be fit into 866 4 times, resulting in a remainder of 162.
Use 4 as the next digit of our solution. 
Result so far: 6824.0
Subtracting 704 from 866 leaves us with 162.
Append the next digit (7) from the dividend to 162 and continue with: 1627 / 176

Let's proceed to step 8:
The number 176 fits into 1627 9 times, leaving a remainder of 43.
Use 9 as the next digit of our solution. 
Result so far: 68249.0
Deduct 1584 from 1627 and we're left with 43.
Since there are no more digits in the dividend, we add a zero to the remainder making it 430, and continue the process.

Let's proceed to step 9:
176 can be fit into 430 2 times, resulting in a remainder of 78.
Use 2 as the next digit of our solution. 
Result so far: 68249.2
The remainder is 78 after subtracting 352 from 430.
Since there are no more digits in the dividend, we add a zero to the remainder making it 780, and continue the process.

Moving on to step 10:
176 can be fit into 780 4 times, resulting in a remainder of 76.
Record the quotient 4 as the next digit in the result. 
Result so far: 68249.24
The remainder is 76 after subtracting 704 from 780.
Since there are no more digits in the dividend, we add a zero to the remainder making it 760, and continue the process.

On to step 11:
If we divide 760 by 176, we get 4 and a remainder of 56.
The next digit of our result is 4. 
Result so far: 68249.244
Subtract 704 from 760 to get 56.
Since there are no more digits in the dividend, we add a zero to the remainder making it 560, and continue the process.

The final result is 68249.244 with a remainder of 0.0056.